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China warned Canada on Saturday that there would be severe consequences if it did not immediately release Huawei Technologies Co Ltd\u2019s chief financial officer, calling the case \u201cextremely nasty.\u201d<\/p>\n
Meng Wanzhou, Huawei\u2019s global chief financial officer, was arrested in Canada on Dec. 1 and faces extradition to the United States, which alleges that she covered up her company\u2019s links to a firm that tried to sell equipment to Iran despite sanctions.<\/p>\n
The executive is the daughter of the founder of Huawei.<\/p>\n
If extradited to the U.S., Meng would face charges of conspiracy to defraud multiple financial institutions, a Canadian court heard on Friday, with a maximum sentence of 30 years for each charge.<\/p>\n
No decision was reached at the extradition hearing after nearly six hours of arguments and counter-arguments, and the hearing was adjourned until Monday.<\/p>\n
The United States has largely prohibited the marketing and sale of HUAWEI phones alleging the possibility of data collection by China.<\/p>\n","protected":false},"excerpt":{"rendered":"
China warned Canada on Saturday that there would be severe consequences if it did not immediately release Huawei Technologies Co Ltd\u2019s chief financial officer, calling the case \u201cextremely nasty.\u201d Meng Wanzhou, Huawei\u2019s global chief financial officer, was arrested in Canada on Dec. 1 and faces extradition to the United States, which alleges that she covered […]<\/p>\n","protected":false},"author":11,"featured_media":4011,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2},"_links_to":"","_links_to_target":""},"categories":[574],"tags":[1030,2970,490,1099,2974,2579,2971,936,2972,2973,2366,2775,2518],"class_list":["post-4010","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-stories","tag-arrest","tag-beijing","tag-canada","tag-china","tag-chrystia-freeland","tag-embezzlement","tag-espionage","tag-fraud","tag-huawei","tag-meng-wanzhou","tag-sanctions","tag-united-states","tag-vancouver"],"jetpack_publicize_connections":[],"yoast_head":"\n